News•Nov 24, 2025
Ondo Turns to Figure’s Stablecoin with $25M Investment to Back Tokenized Fund
Ondo Finance has allocated $25 million to purchase YLDS, the yield‑bearing stablecoin issued by Figure Technology Solutions, to diversify the reserve backing its tokenized short‑term US government bond fund (OUSG). The fund, which offers on‑chain exposure to Treasurys with 24/7 redemptions and an estimated 3.68% annual return, now holds about $777 million in total value locked. YLDS, with a market cap of roughly $100 million, joins other tokenized Treasury products from BlackRock, Fidelity, Franklin Templeton and WisdomTree in Ondo’s reserves. Figure, fresh from its Nasdaq IPO, runs lending infrastructure on the Provenance blockchain and has originated over $19 billion in loans across various credit products.
By Cointelegraph
News•Nov 24, 2025
Stellar Climbs 3.5% to $0.25 as Technical Recovery Gains Momentum
Stellar (XLM) surged 3.5% on Tuesday, climbing from $0.2436 to $0.2508 and outpacing the broader crypto market. Trading volume jumped 23% above its weekly average, indicating genuine buying interest, while a late‑session sell‑off pushed the price to a new support...
By CoinDesk
News•Nov 24, 2025
Stand With Crypto to Vet 2026 Candidates on Digital Asset Positions
Stand With Crypto, a Coinbase‑backed advocacy group, has begun sending a questionnaire to an unspecified number of federal and state candidates ahead of the 2026 midterm elections to gauge their positions on digital assets, crypto innovation, de‑banking, mining, zoning, and...
By Cointelegraph
News•Nov 24, 2025
Solana’s Supply Crunch Deepens as 80% of Holders Sit Underwater, Setting the Stage for a High-Stakes Reset
Solana’s native token SOL is experiencing a severe supply crunch, with roughly 80% of its holders facing losses as the price continues to decline. Despite recent bullish momentum from Wall Street interest, including spot ETFs, the prolonged sell‑off has trapped...
By CryptoSlate
News•Nov 24, 2025
HBAR Gains 2.4% From Major Support as Axelar Integration Drives DeFi Activity
HBAR rose 2.4% to $0.144 on Tuesday, buoyed by a 59% surge in trading volume after Hedera’s integration with Axelar, which links the network to more than 60 blockchains and expands DeFi access. The price gain was anchored by short‑term...
By CoinDesk
News•Nov 24, 2025
Zcash Down 30% From November’s Top: Will ZEC Price Crash Further?
Zcash (ZEC) has fallen about 30% from its November peak of $750 and is trading within a symmetrical triangle on the four‑hour chart, signaling indecision after a 1,500% rally since September. Analysts compare the pattern to BNB’s pre‑crash parabola and...
By Cointelegraph
News•Nov 24, 2025
A Fake Delivery Driver Stole $11 Million in Crypto This Weekend as Home Invasion Heists Increase – Report
A suspect masquerading as a delivery driver entered a home in San Francisco's Mission Dolores neighborhood on the morning of Nov. 22, restrained the occupant, and stole a phone, laptop, and approximately $11 million worth of cryptocurrency. The theft was reported...
By CryptoSlate
News•Nov 24, 2025
XRP Slides to $2.08 as Grayscale’s GXRP ETF Debut Fails to Ignite Market
Grayscale launched the GXRP spot ETF on NYSE Arca, expanding regulated access to XRP, but the cryptocurrency slipped from $2.13 to $2.08 as traders focused on technical weakness rather than the product debut. Volume rose 28% above average, yet price...
By CoinDesk
News•Nov 24, 2025
BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply
BitMine Immersion Technology (BMNR) bought 69,822 ether last week, raising its total holdings to 3.63 million ETH – roughly 3 % of the cryptocurrency’s circulating supply. The purchase, valued at about $195 million, pushed the firm’s cash balance to $800 million and its total...
By CoinDesk
News•Nov 24, 2025
Quantum Computers Won’t Break Bitcoin’s Code, They’ll Break Its Politics
Bitcoin analyst James Check contends that the primary threat posed by quantum computers to Bitcoin is not a cryptographic vulnerability but a governance challenge. While quantum attacks could theoretically compromise the elliptic‑curve signatures used by the network, the protocol’s consensus...
By Cointelegraph
News•Nov 24, 2025
Hyperliquid’s $314M Unlock Fuels Calls for Clarity, Sell-Pressure Warnings
Hyperliquid, a decentralized derivatives exchange, is set to release $314 million worth of locked tokens, prompting market participants to warn of inevitable sell pressure. BitMEX co‑founder Arthur Hayes argued that the token unlock cannot be mitigated by insider assurances and...
By Cointelegraph
News•Nov 24, 2025
Blockchain Is Struggling to Hold on to Its Original Purpose: Aztec CEO
Aztec Labs CEO Zac Williamson warned that blockchain is drifting from its original ethos of open, permissionless innovation, as the industry pivots toward serving institutional finance. He argued that privacy‑enhancing technologies, such as Aztec's zero‑knowledge rollups, can reconcile this shift...
By Cointelegraph
News•Nov 24, 2025
Investors Should Buy the Dip in Coinbase and Circle, Says William Blair
William Blair analysts urged investors to buy the dip in Coinbase (COIN) and Circle (CRCL), reiterating an outperform rating for both stocks despite the recent crypto market sell‑off. The bank views the slump as a temporary "air pocket" and believes...
By CoinDesk
News•Nov 24, 2025
How India’s VDA Review May Strengthen Protections Across the Crypto Ecosystem
India, home to over 100 million crypto users, is conducting a formal review of its virtual digital asset (VDA) framework to move beyond a regime focused on a 30% tax and basic AML rules. The review, prompted by the Supreme Court...
By Cointelegraph
News•Nov 24, 2025
Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates
JPMorgan upgraded U.S.-listed bitcoin miners Cipher Mining and CleanSpark to overweight, raising Cipher’s price target to $18 and CleanSpark’s to $10.18, as both firms secure long‑term high‑performance computing (HPC) cloud and colocation contracts that shift their business models toward hybrid...
By CoinDesk
News•Nov 24, 2025
Upbit Seeking Nasdaq IPO Following Merger With Naver: Bloomberg
South Korean crypto exchange Upbit plans to pursue a Nasdaq initial public offering once its merger with Naver Financial is finalized, Bloomberg reports. The merger, expected to close this week, will combine Upbit’s parent Dunamu with Naver’s financial arm via...
By CoinDesk
News•Nov 24, 2025
Crossroads for Bitcoin: What’s Next – $92k or $79k? Let’s Break It Down
Bitcoin rebounded to around $85,000 over the weekend and has since been trading in a narrow $87,000‑$89,600 range, constrained by liquidity levels on the 30‑minute chart. The price faces an immediate resistance ceiling near $92,800‑$93,400, while a series of support...
By CryptoSlate
News•Nov 24, 2025
Nasdaq-Listed Enlivex Plans $212M RAIN Token Play with Ex-Italian PM Onboard
Nasdaq‑listed biotech Enlivex Therapeutics announced a $212 million private investment in public equity offering, selling 212 million shares at $1 each—a roughly 11.5% discount to the prior close. The proceeds will be used to purchase the Rain (RAIN) utility token, the native...
By Cointelegraph
News•Nov 24, 2025
Where Next?: Crypto Daybook Americas
Bitcoin slipped back to about $86,000 on Monday, ending a four‑week losing streak and pulling the CoinDesk 20 Index down to 2,758 points. Analysts note that while a short‑term rebound is possible, a further drop below $80,000 could trigger a...
By CoinDesk
News•Nov 24, 2025
NPM Supply-Chain Attack Compromises Major ENS and Crypto Libraries
A supply‑chain attack on the NPM ecosystem has infected more than 400 JavaScript packages with the Shai Hulud self‑replicating worm, according to Aikido Security researcher Charlie Eriksen. At least ten of the compromised libraries are crypto‑focused, many tied to the Ethereum...
By Cointelegraph
News•Nov 24, 2025
Bitcoin Longs on Bitfinex Jump 40% in Three Months as Traders Double Down on Dip
Margin‑long positions on Bitfinex have surged 42% over the past three months, reaching roughly 70,700 BTC despite Bitcoin’s 26% price decline to about $86,100. This level of leveraged buying has been hit three times since September 2024, each preceding a...
By CoinDesk
News•Nov 24, 2025
Crypto Treasuries Facing $130 Billion Value Reckoning as ETFs Reshape Market
Crypto treasury firms that have been bundling Bitcoin for corporate investors are now confronting a $130 billion valuation hit as spot Bitcoin ETFs gain traction and provide a cheaper, more liquid alternative to indirect holdings. The premium investors once paid for...
By CryptoSlate
News•Nov 24, 2025
China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters
China has re‑emerged as the world’s third‑largest bitcoin mining hub, accounting for roughly 14% of global hashpower by October, according to the Hashrate Index. The resurgence is fueled by cheap, surplus electricity and expanding data‑center capacity in provinces such as...
By CoinDesk
News•Nov 24, 2025
Pump.fun’s Massive $436M Cash-Out Turns Heads as Memecoin Mania Fades
Solana‑based memecoin launchpad Pump.fun has moved more than $436 million in USDC to Kraken since mid‑October, marking a massive cash‑out after the October crypto market crash slashed speculative demand. The platform’s monthly revenue fell 53% to $27.3 million in November, the lowest...
By Cointelegraph
News•Nov 24, 2025
Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund
Animoca Brands has received in‑principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) to operate as a regulated fund manager within the ADGM jurisdiction. The clearance paves the way for the company to manage collective investment...
By CoinDesk
News•Nov 24, 2025
Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report
Thai cryptocurrency exchange Bitkub, the country’s largest with a 24‑hour trading volume of $60.75 million, is exploring a $200 million initial public offering in Hong Kong, likely slated for next year. The move follows a shelved plan for a domestic IPO after Thailand’s...
By CoinDesk
News•Nov 24, 2025
Buterin Says X’s New Location Feature ‘Risky’ as Crypto Users Flag Privacy Concerns
Ethereum co‑founder Vitalik Buterin labeled X’s new mandatory country‑visibility feature as “risky,” echoing concerns from crypto leaders that the change threatens user privacy. Uniswap founder Hayden Adams called the rollout “mandatory doxing” and “psychotic,” while Summer.fi CTO Andrei David warned that forcing...
By Cointelegraph
News•Nov 24, 2025
DOGE Beats the Blue Chips as D.O.G.E Calls It Quits
Dogecoin jumped more than 3% on Monday, buoyed by anticipation of Grayscale’s new DOGE spot ETF (ticker GDOG) slated to debut on NYSE Arca. The rally outpaced the broader crypto market, with the CoinDesk 20 Index up only 0.6% and...
By CoinDesk
News•Nov 24, 2025
Rising Crypto Token Value Capture May Fuel 2026 Rebound: Bitwise CIO
Bitwise CIO Matt Hougan said that crypto tokens are improving at returning value to investors, citing higher on‑chain activity and more robust tokenomics. He highlighted that the upcoming Ethereum Fusako upgrade, which aims to enhance fee structures and token utility,...
By Cointelegraph
News•Nov 23, 2025
This $4.3M Crypto Home Invasion Shows How a Single Data Leak Can Put Anyone’s Wallet — and Safety — at...
In June 2024, three armed men posing as delivery drivers broke into a UK residence, threatened the occupants and stole private keys that gave them access to more than $4.3 million worth of cryptocurrency. The thieves used personal data from a...
By CryptoSlate
News•Nov 23, 2025
Japan’s 20% Crypto Tax Sets a New Bar in Asia, Pressuring Singapore and Hong Kong as Retail Costs Fall
Japan’s Financial Services Agency is drafting a regulatory overhaul that would reclassify Bitcoin, Ethereum and roughly 100 other digital tokens as securities, subjecting them to the country’s 20% capital gains tax – the lowest rate among major Asian markets. The...
By CryptoSlate
News•Nov 23, 2025
Vibe Coding, No-Code, and the New Rules of Web3 Development
CryptoSlate’s Slate Sunday column examines the emerging concept of “vibe coding,” a trend where developers rely on intuitive, low‑code or no‑code tools to build Web3 applications faster and with fewer technical barriers. The piece argues that this shift is reshaping...
By CryptoSlate
News•Nov 23, 2025
When M2 Money Supply and the Dollar REALLY Move Bitcoin Price – The Truth Influencers Aren’t Telling You
CryptoSlate’s analysis challenges the simplistic narrative that Bitcoin’s price moves directly with changes in the U.S. M2 money supply or a weakening dollar. The piece explains that while monetary expansion and currency depreciation can influence Bitcoin, the relationship is indirect,...
By CryptoSlate
News•Nov 23, 2025
Sunrise Debut Streamlines Solana Token Imports as Monad Goes Live
Wormhole Labs launched Sunrise on Sunday as a unified gateway for moving any token onto the Solana blockchain, positioning it as the primary entry point for new digital assets. The platform integrates with block explorer Orb and DEX Jupiter, enabling...
By CoinDesk
News•Nov 23, 2025
Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14%
Bitcoin rebounded on Sunday, climbing about 2.7% to roughly $86,466 after hitting an extreme oversold reading on the RSI, a signal that historically precedes short‑term recoveries. The rally was supported by more than $206 million in weekend derivatives liquidations, indicating seller...
By CoinDesk
News•Nov 23, 2025
Security Reality Check: Top-Ranked Chrome ‘Wallet’ that Steals Your Seedphrase
A malicious Chrome extension named “Safery: Ethereum Wallet” briefly rose to the fourth position in Chrome Web Store search results for “Ethereum wallet” in early November. The extension masqueraded as a legitimate wallet with a polished UI, a generic security‑focused...
By CryptoSlate
News•Nov 23, 2025
On-Chain Stocks Could Misprice Over Weekends, Triggering Arbitrage Risks: RedStone
RedStone co‑founder Marcin Kaźmierczak warns that tokenized stocks on blockchain could become mispriced over weekends because crypto markets trade 24/7 while traditional equity markets are closed. Oracle providers often freeze price feeds after Friday market close, leaving on‑chain versions of...
By CoinDesk
News•Nov 23, 2025
VanEck CEO Concerned About Bitcoin's Encryption and Privacy, Says Firm Could Walk Away
VanEck CEO Jan van Eck told CNBC that Bitcoin may lack sufficient encryption and privacy, raising concerns about its resilience to quantum computing and transaction confidentiality. He noted that some long‑term Bitcoin holders are evaluating Zcash for its stronger privacy...
By CoinDesk
News•Nov 23, 2025
Why Did Wall Street Just Dump $5.4 Billion in Strategy MSTR Stock?
Wall Street investors collectively sold roughly $5.4 billion of MicroStrategy (MSTR) shares, a company that has built its valuation on massive Bitcoin holdings. The sell‑off was triggered by a combination of deteriorating Bitcoin prices, heightened regulatory scrutiny of crypto‑exposed firms, and...
By CryptoSlate
News•Nov 23, 2025
Bitcoin ATM Firm Explores $100M Sale Following CEO’s Federal Indictment
Chicago‑based Crypto Dispensers, a leading Bitcoin ATM operator, has hired advisors to conduct a strategic review and explore a potential $100 million sale after its founder and CEO, Firas Isa, was indicted by the U.S. Department of Justice on money‑laundering charges...
By Cointelegraph
News•Nov 23, 2025
The Internet Blackout Playbook: How Bitcoin Stays Alive when Banks and Card Networks Go Down
The article details how Bitcoin can operate without traditional internet or satellite connections, highlighting a 2019 experiment where Rodolfo Novak transmitted a Bitcoin transaction from Toronto to Michigan via ham radio on the 40‑meter band using the ionosphere as a...
By CryptoSlate
News•Nov 23, 2025
Crypto Conditions Signal Less Likely Chance of ‘Major Capitulation’: Lyn Alden
Macro‑economist Lyn Alden told the *What Bitcoin Did* podcast that the crypto market has not reached euphoric levels, reducing the likelihood of a major capitulation. She argues the current Bitcoin cycle is driven more by broader macro factors than the...
By Cointelegraph
News•Nov 23, 2025
BlackRock’s Bitcoin Clients Aren’t ‘Underwriting’ the Case for Global Payments
BlackRock’s head of digital assets, Robbie Mitchnick, told the Coin Stories podcast that most institutional clients view Bitcoin primarily as a store‑of‑value rather than a future global payments network, describing the latter as an out‑of‑the‑money option. He said widespread Bitcoin...
By Cointelegraph
News•Nov 23, 2025
Chainlink Is ‘Essential Infrastructure’ for Tokenized Finance, Says Grayscale Research
Grayscale Research has labeled Chainlink as essential infrastructure for the expanding tokenized assets market, which it values at $35 billion and expects to grow. The report highlights Chainlink’s suite of services—including real‑world data feeds, compliance tools, and its Cross‑Chain Interoperability Protocol...
By CoinDesk
News•Nov 22, 2025
Cardano Suffers Temporary Chain Split From Code Bug, but ADA Hangs On
Cardano experienced a brief chain split on Friday after a malformed delegation transaction triggered an old software bug in its node library, causing nodes to diverge on transaction processing. Staking pool operator Homer J, who used AI‑generated code, was identified as...
By Cointelegraph
News•Nov 22, 2025
Financial Advisors Who Ignore Bitcoin Ditched by Young Wealthy Americans
A new trend among affluent millennials and Gen Z investors in the United States shows a strong demand for integrating cryptocurrency assets such as Bitcoin and Ethereum into traditional wealth‑management portfolios. These younger, high‑net‑worth clients continue to favor broad equity...
By CryptoSlate
News•Nov 22, 2025
Coinbase to Add 24/7 Trading for SHIB, Bitcoin Cash, Dogecoin, and Others
Coinbase Markets will launch 24/7 futures trading for a suite of altcoins—including SHIB, Bitcoin Cash, Dogecoin, AVAX, ADA, LINK, HBAR, LTC, DOT, XLM and SUI—on Dec. 5, expanding its regulated derivatives offering beyond Bitcoin, Ethereum, Solana and XRP. The platform will...
By CoinDesk
News•Nov 22, 2025
Can MicroStrategy Survive Reclassification as a Bitcoin Investment Vehicle?
MicroStrategy, now rebranded as Strategy, has shifted from an enterprise software firm to the world’s largest corporate holder of Bitcoin, creating a complex valuation regime that hinges on its crypto treasury. The company faces mounting headwinds, including heightened regulatory scrutiny,...
By CryptoSlate
News•Nov 22, 2025
Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So
Strategy (MSTR) stock has plunged 43% over the past month as institutional crypto investors increasingly use it to hedge Bitcoin and Ethereum exposure, according to Bitmine Immersion CEO Tom Lee. Lee argues that MSTR, which holds roughly 650,000 BTC, serves...
By CoinDesk
News•Nov 22, 2025
Coinbase Crypto Exchange Executes Internal Wallet Migration
Coinbase announced a scheduled migration of large cryptocurrency balances from its existing on‑chain wallets to new internal wallets, a routine security measure intended to reduce long‑term exposure of publicly known addresses. The exchange emphasized that the move is not triggered...
By Cointelegraph